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Glossary: 117 software-led payments terms to know

Payrix

Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to accept credit card payments. E2EE is a generic term to describe solutions that encrypt data from one endpoint to another endpoint.

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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Key steps include application review, risk assessment, credit checks, and compliance verification.

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The 12 PCI DSS Requirements to Ensure PCI Compliance

Stax

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. This is why PCI DSS compliance is critical. In this article, we’ll discuss why your business needs to ensure PCI compliance and what the 12 PCI DSS v4.0

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

Credit card surcharging can help offset these expenses, but it can be tricky. Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. The more they use cash payment, the lower your overall processing expenses.

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Everything You Need to Know About PCI Compliance for Credit Card Processing

Stax

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. What is PCI Compliance? Why Is PCI Compliance So Important?

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

According to Forbes , “mobile payments are increasingly being used by U.S. shoppers as customers become more comfortable with the technology.” Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well.

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8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

A billing solution that acts as your MoR gives you access to multiple payment processors (which lets you accept more payment methods and is useful when accepting payments globally, as we explain below) while taking on the liability of all transactions for you. FastSpring: International Payment Solution for SaaS.